Government

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Karnataka Udyog Mitra

Karnataka Udyog Mitra is a government agency based in Bangalore, India. It focuses on supporting businesses in Asia, with a commitment to one specific fund.

Karnataka Udyog Mitra logo

Karnataka Udyog Mitra

Karnataka Udyog Mitra is a government agency based in Bangalore, India. It focuses on supporting businesses in Asia, with a commitment to one specific fund.

General information

Firm type

Government / Public Body

Location

Region

Asia

Country

India

City

Bangalore

Corporate office

3rd Floor, Khanija Bhavan (East Wing), No. 49, Race Course Road, Bangalore, 560001, India

Principals

M.B. Patil

Minister for Large and Medium Industries and Infrastructure Development, Government of Karnataka

Smt. Gunjan Krishna, IAS

Commissioner for Industrial Development and Chairman

Dodda Basavaraju

Managing Director

Sector focus

Aerospace & DefenseReal EstateIndustrial TechEnergy Transition & RenewablesHealthcare Services

Frequently asked questions

Who holds decision-making authority for investment approvals at Karnataka Udyog Mitra?

Operational approvals are managed by the Managing Director, Dodda Basavaraju, with escalation to the Chairman, Smt. Gunjan Krishna, IAS, who also serves as the state's Commissioner for Industrial Development. High-value or politically significant proposals typically require sign-off from the Industries Minister, M.B. Patil. KUM's authority derives from its mandate as the state's single-window clearance body, but final statutory approvals — environmental clearance, land-use change, building permits — rest with the relevant line departments that KUM coordinates.

Does Karnataka Udyog Mitra provide funding or equity investments?

No. KUM is not a fund, sovereign wealth vehicle, or development finance institution. It does not deploy capital, take equity stakes, or issue grants. Its function is purely facilitative: connecting investors to state infrastructure (land, power, water), expediting regulatory clearances, and providing post-approval liaison. Investors must bring their own capital or secure financing from commercial banks and development finance institutions independently.

How is KUM related to the Karnataka Industrial Areas Development Board?

KIADB is KUM's most critical partner agency, responsible for land acquisition, development, and allotment for industrial projects that KUM facilitates. While KUM handles the investor-facing clearance process, KIADB controls the physical land bank — surveyed, litigation-cleared parcels across Bengaluru Urban, Rural, and South districts, as well as specific parks like the Aerospace and Defence Park near Kempegowda International Airport. The two agencies operate in tandem: KUM shepherds the approval, KIADB delivers the ground.

What sectors does Karnataka Udyog Mitra prioritize?

KUM's public facilitation portfolio spans advanced manufacturing, aerospace and defense, electronics system design, IT/ITeS, renewable energy, biotechnology and life sciences, and automotive electrification. The state's 2025 investor summit confirmed significant commitments in renewable energy equipment manufacturing and semiconductor assembly. KUM does not explicitly exclude sectors but operates within the state's published industrial policy, which offers sector-specific incentives for anchor-unit investors in electronics, aerospace, and cleantech.

How does KUM compare to peer investment agencies in Tamil Nadu or Maharashtra?

KUM's structural advantage is its institutional linkage to KIADB's land bank, which reduces the site-selection-to-possession timeline that in competitor states often involves protracted negotiation with multiple landowners. While Tamil Nadu's Guidance Bureau and Maharashtra's MIDC offer comparable single-window services, KUM's integration with the Invest Karnataka brand and its IAS-led governance layer — providing bureaucratic continuity across political cycles — is frequently cited by industrial users as a decision-making factor for Bengaluru-bound projects over Chennai or Pune alternatives.

What is the Invest Karnataka Forum and how does it relate to KUM?

Invest Karnataka is the state's external-facing investment promotion brand under which KUM operates. KUM is the execution agency; Invest Karnataka is the marketing and convening platform used for domestic and international roadshows, sector-specific investor roundtables, and the biennial Global Investors Meet. The brand provides the pipeline; KUM handles the post-lead clearance and facilitation.

Can foreign investors without a domestic entity use KUM's services?

Yes. KUM's single-window portal and officer-assigned facilitation model are designed for foreign investors establishing a presence in India, including those without an existing domestic subsidiary. The agency assists with entity incorporation guidance, GST registration, and Industrial Entrepreneurs Memorandum filing alongside site-selection and utility connection coordination. Roadshows in Japan, South Korea, and Germany explicitly target first-time Karnataka entrants across automotive, electronics, and precision engineering sectors.

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